Vietnam may soon kick off a new era in sports wagering, as the Ministry of Finance eyes a high-stakes pilot scheme allowing a single enterprise to legally offer international football betting.

VOV.VN - Police operating in the southcentral coastal province of Phu Yen have co-operated with the Department of Cyber Security and Hi-tech Crime Prevention under the Ministry of Public Security and police forces of Quang Ngai province and Lam Dong province to smash a major online football betting ring worth VND1 trillion, equal to US$39.1 million.

VOV.VN - Southern police forces detained 14 men across Ho Chi Minh City and Dong Nai province on November 21 and November 22 for their alleged involvement in a large football betting ring on the Internet worth trillions of VND.

VOV.VN - The Ministry of Finance is revising a Government decree that allows Vietnamese football fans to bet on many international tournaments as opposed to just FIFA run matches.